Overview
What is Saint Thomas Academy Ice Arena?
Saint Thomas Academy Ice Arena is a facility located at 950 Mendota Heights Road, Mendota Heights, Minnesota 55120. Its primary purpose is to provide ice arena rental services to schools and sports organizations. This nonprofit organization aims to make ice space accessible for sports organizations to conduct practice sessions and participate in competitive events. By doing so, it contributes to the development and enhancement of various sports activities within the community.
Official website here: www.cadethockey.com/team/home-arena/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating
Saint Thomas Academy Ice Arena has received a "Needs Improvement" rating with a score of 67%. While the organization excels in several areas of accountability and finance, achieving a perfect score of 100% in these categories, it faces significant challenges regarding governance policies. The arena has shown a strong program expense ratio of 98.25%, indicating a commitment to its mission; however, the liabilities to assets ratio is concerning, recorded at 110.39%, which may indicate financial instability.
The board governance structure appears robust, with all members being independent, and the organization maintains proper documentation of board meeting minutes. However, the absence of critical policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy reflects gaps in governance that could affect overall organizational transparency and integrity. These missing elements have contributed to the lower rating despite strong financial performance.
Overall, while Saint Thomas Academy Ice Arena demonstrates impressive fiscal responsibility and program allocation, the lack of essential governance policies highlights an area for improvement. Addressing these shortcomings could enhance the organization's reliability and trustworthiness in the eyes of donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Saint Thomas Academy Ice Arena legitimate?
Saint Thomas Academy Ice Arena is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saint Thomas Academy Ice Arena submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $149,925
For more financial information, click here
Official website here: www.cadethockey.com/team/home-arena/
What is the mission statement of Saint Thomas Academy Ice Arena?
The Saint Thomas Academy Ice Arena's mission is centered around making ice space and training facilities accessible to various sports organizations. It aims to rent or provide these facilities for use in practice and competitive events by schools, ice hockey clubs, and other sports organizations. The arena's primary activity is to rent its ice arena to these organizations, thereby contributing to their training and competitive needs.
Official website here: www.cadethockey.com/team/home-arena/
Who is the CEO of Saint Thomas Academy Ice Arena?
Kelby Woodard is the Director of Saint Thomas Academy Ice Arena.
Official website here: www.cadethockey.com/team/home-arena/
What is the revenue of Saint Thomas Academy Ice Arena?
Saint Thomas Academy Ice Arena's revenue in 2022 was $758,191.
Official website here: www.cadethockey.com/team/home-arena/
Who are the executives of Saint Thomas Academy Ice Arena and what are their salaries?
There 9 volunteers at Saint Thomas Academy Ice Arena.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cadethockey.com/team/home-arena/
Where can I find the form 990 for Saint Thomas Academy Ice Arena?
Saint Thomas Academy Ice Arena's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cadethockey.com/team/home-arena/
Learn more at the official website: www.cadethockey.com/team/home-arena/
Mission Statement of Saint Thomas Academy Ice Arena
Saint Thomas Academy Ice Arena's mission is centered around making ice space accessible for various sports organizations. This nonprofit entity aims to rent or provide ice arenas and training facilities to schools, ice hockey clubs, and other sports organizations for both practice and competitive events. By doing so, Saint Thomas Academy Ice Arena contributes to the development and progression of these organizations, providing them with the necessary resources to thrive in their respective sports.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Saint Thomas Academy Ice Arena provides a crucial space for schools, ice hockey clubs, and other sports organizations to practice and compete in Mendota Heights, MN. By offering rental services and training facilities, the arena plays a significant role in supporting the development of athletes and fostering a sense of community among sports enthusiasts. Through its dedication to making ice space available for competitive events, Saint Thomas Academy Ice Arena contributes to the growth of sports participation and helps cultivate a vibrant sporting culture in the region.
This information is meant to be a general summary of Saint Thomas Academy Ice Arena. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $708,191
- Gross Receipts: $758,191
Assets and Liabilities:
- Total Assets: $2,205,328
- Total Liabilities: $2,189,342
- Net Assets: $15,986
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ICE RINK RENTAL FEES
Revenue
$628,956
GAME ADMISSIONS
Revenue
$55,294
ADVERTISING INCOME
Revenue
$21,478
CONCESSION SALES
Revenue
$2,181
VENDING MACHINE INCOME
Revenue
$232
Organization Details
Founding Year
2003
Phone
(952) 920-0400Principal Officer
Kelby Woodard
Main Address
950 MENDOTA HEIGHTS ROAD, MENDOTA HEIGHTS, MN, 55120
NTEE Category
Code: N31 - Recreation
If you are a representative of Saint Thomas Academy Ice Arena and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.